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We gratefully acknowledge KPMG and the KPMG
Foundation for their generous support of the 2018 Auditing Section Midyear
Meeting and Doctoral Consortium.

2018 Auditing Section Midyear Meeting

Abstracts

Thursday, January 11, 2018
   
8:00 am – 5:30 pm Doctoral Consortium

 Sponsored by KPMG and the KPMG Foundation

1:00 pm – 6:00 pm Excellence in Auditing Education Workshop

7:00 pm – 8:00 pm Welcome Reception

Friday, January 12, 2018
   
7:30 am – 8:30 am 

Continental Breakfast
Pathways to a Sustainable Future
Speaker: Anne L. Christensen, AAA President, Montana State University-Bozeman

8:30 am – 9:45 am 

Welcome & Plenary Session
If You’re So Smart, Why Aren’t You Happy?
Speaker: Raj Raghunathan, The University of Texas at Austin
Sponsored by RSM

9:45 am – 10:15 am

Break

10:15 am – 11:45 am 

Concurrent Sessions

Session 1.01: Panel: Challenges Facing the Audit Profession
Auditing - 1.8 CH
Moderator: Cindy Fornelli, Center for Audit Quality
Panelists: Phillip Austin, BDO USA LLP
Scott Zimmerman, Ernst & Young LLP
Marty Baumann, PCAOB
Dan Sunderland, Deloitte LLP


Session 1.02: Accounting Firm Policy and Audit Quality
Auditing - 1.8 CH
Moderator: Bright Asante-Appiah, Lehigh University

Accounting Firm’s Internal Characteristics and Audit Quality.
Joshua Khavis, Temple University
Jagan Krishnan, Temple University
Discussant: Neil L. Fargher, The Australian National University

Do Satisfied Auditors Perform Better? Investigating the Association between Audit Firm Employee Job Satisfaction and Audit Quality.
Anna Gold, Vrije Universiteit Amsterdam
Yu Flora Kuang, The University of Melbourne
Gladys Lee, The University of Melbourne
Bo Qin, The University of Melbourne
Discussant: Shuo Li, Western Washington University

Human Resource Management in Big Four Audit Firms and Audit Quality.
Jorien Pruijssers, McGill University
Ines Simac, KU Leuven
Marleen Willekens, KU Leuven
Discussant: Timothy Andrew Seidel, Brigham Young University


Session 1.03: Audit Partner
Auditing - 1.8 CH
Moderator: Christopher Calvin, University of Dayton

What’s in a Name? Initial Evidence of U.S. Audit Partner Identification Using Difference-in-Differences Analyses.
Lauren Dreher Cunningham, The University of Tennessee
Chan Li, University of Pittsburgh
Sarah E. Stein, Virginia Polytechnic Institute and State University
Nicole Wright, James Madison University
Discussant: Quinn Thomas Swanquist, The University of Alabama

On the Economics of Audit Partner Tenure and Rotation: Evidence from PCAOB Data.
Brandon Gipper, Stanford University
Luzi Hail, University of Pennsylvania
Christian Leuz, The University of Chicago
Discussant: Joseph H. Schroeder, Indiana University Bloomington

Out of Sight, Out of Mind: Does Audit Partner Proximity to Clients Matter?
Nicholas Jennings Hallman, The University of Texas at Austin
Jere R. Francis, University of Missouri
Nargess Golshan Mottaghi, University of Missouri
Discussant: Michael J. Mowchan, American University


Session 1.04: Auditor Choice and Audit Quality
Auditing - 1.8 CH
Moderator: Brian C. Fitzgerald, Northeastern University

A Two-Sided Matching Model of the Audit Market for IPO Firms.
Aneesh Raghunandan, The London School of Economics and Political Science
Maureen McNichols, Stanford University
Ken Li, Stanford University
Discussant: Jaehan Ahn, Northeastern University

An Investigation of the Market’s Perception and Pricing of Auditor Competence: Evidence from PwC’s Oscars Blunder.
William L. Buslepp, Louisiana State University
Lawrence J. Abbott, University of Wisconsin–Milwaukee
Discussant: Brant Erich Christensen, University of Missouri

Auditor Selection and Investment Risk.
Benjamin Hoffman, Kent State University
Trung Huy Pham, Kent State University
Mai Dao, The University of Toledo
Discussant: Brian Todd Carver, Clemson University


Session 1.05: Audit Team Communication/Knowledge Sharing
Auditing - 1.8 CH
Moderator: Erin L. Hamilton, University of Nevada, Las Vegas

Auditor Integration of IT Specialist Input on Internal Control Issues: How a Weaker Team Identity Can Be Beneficial.
Cassandra Estep, Emory University
Discussant: Erin L. Hamilton, University of Nevada, Las Vegas

Overcoming Communication Challenges: Can Taking the Specialist’s Perspective Improve Auditors’ Critical Evaluation and Integration of the Specialist’s Work?
Jennifer R. Joe, University of Delaware
Yi-Jing Wu, Texas Tech University
Aleksandra B. Zimmerman, Northern Illinois University
Discussant: Sara Gouchnauer, The University of Mississippi

The Multitasking Audit Environment: How Alternative Modes of Communication Affect Team Performance.
Veena Looknanan Brown, University of Wisconsin–Milwaukee
Juergen Sidgman, University of Wisconsin–Oshkosh
Joseph F. Brazel, North Carolina State University
Discussant: Emily Kathryn Hornok, The University of Mississippi

Session 1.06: Auditor Interventions to Improve Audit Quality
Auditing - 1.8 CH
Moderator: Marcus M. Doxey, The University of Alabama

How Does an Audit or a Forensic Mindset Influence Auditors’ Fraud Risk Assessment and Subsequent Risk Response?
Lawrence Chui, University of St. Thomas
Mary B. Curtis, University of North Texas
Byron Pike, Minnesota State University Mankato
Discussant: Sean McCarthy, University of Wisconsin– Milwaukee

How Simple Changes to Language and Tick Marks Can Curtail the Ghost Ticking of Audit Procedures.
Jessica Buchanan, Kent State University
David Piercey, University of Massachusetts Amherst
Discussant: Marcus M. Doxey, The University of Alabama

On-the-Job Coaching: Does One “Bad Apple” Spoil Audit Subordinates’ Commitment to the Firm?
Lindsay Andiola, Virginia Commonwealth University
Jean C. Bedard, Bentley University
Joleen Kremin, Portland State University
Discussants: Dan Zhou, University of Illinois at Urbana-Champaign

12:00 pm – 1:45 pm

Lunch
Think smarter. Think differently.
Speaker: Bill Kittell
Sponsored by Grant Thornton

2:00 pm – 3:30 pm

Concurrent Sessions

Session 2.01: Panel: Data Analytics and Auditing
Auditing - 1.8 CH
Moderator: Margaret H. Christ, The University of Georgia

Panelists: Catherine Banks, EY LLP
Marc Macaulay, KPMG LLP
Evan DeFord, Grant Thornton LLP
Julie Peters, PricewaterhouseCoopers LLP
Dan Sunderland, Deloitte LLP


Session 2.02: Audit Pricing
Auditing - 1.8 CH
Moderator: Eric Condie, Georgia Institute of Technology

Not Only Who But Where: A Structural Approach of Incorporating Location Into Our Understanding of the Audit Market.

Seong Jin Ahn, Washington University
Discussant: Xia Eliza Zhang, University of Washington, Tacoma

Customer-Base Concentration and Audit Pricing.
John Daniel Eshleman, Michigan Technological University
Yun Ke, Brock University
Shuo Li, Western Washington University
Discussant: Christopher Calvin, University of Dayton

Misclassification of Audit-Related Fees as a Measure of Pre-Audit Financial Reporting Quality: Implications for Financial Reporting and Audit Quality.
Joseph Legoria, Louisiana State University
William L. Buslepp, Louisiana State University
Regina Cavalier Rosa, University of New Orleans
Danny Shaw, Louisiana State University
Discussant: Marleen Willekens, KU Leuven


Session 2.03: Audit Quality
Auditing - 1.8 CH
Moderator: William Docimo, University of Pittsburgh

Are Referred-to Auditors Associated with Lower Audit Quality?
Jayanthi Krishnan, Temple University
Mengtian Li, Temple University
Discussant: Lauren Dreher Cunningham, The University of Tennessee

Audit Personnel Salaries and Audit Quality.
Jeffrey Lamro Hoopes, The University of North
Carolina at Chapel Hill
Kenneth Merkley, Cornell University
Joseph Pacelli, Indiana University Bloomington
Joseph H. Schroeder, Indiana University Bloomington
Discussant: Joshua Gunn, University of Pittsburgh

Is Office Human Resource Capacity Associated with Engagement Audit Quality?
Albert L. Nagy, John Carroll University
Matthew Sherwood, University of Massachusetts Amherst
Aleksandra B. Zimmerman, Northern Illinois University
Discussant: Nam Ho, Carnegie Mellon University

Session 2.04: Auditor Choice
Auditing - 1.8 CH
Moderator: Amanda Convery, University of Delaware

Do Lenders Have Favorite Auditors?
Andrew Bird, Carnegie Mellon University
Thomas Ruchti, Carnegie Mellon University
Stephen Adam Karolyi, Carnegie Mellon University
Discussant: Stephen Rowe, University of Arkansas

Financial Reporting Choices of Large Private Firms.
Jennifer J. Gaver, The University of Georgia
Paul Mason, Baylor University
Steve Utke, University of Connecticut
Discussant: Thomas Ruchti, Carnegie Mellon University

To Share or Not to Share: The Importance of Peer Firm Similarity to Auditor Choice.
Kenneth L. Bills, University of Arkansas
Matthew Cobabe, Virginia Polytechnic Institute and State University
Jeffrey A. Pittman, Memorial University of Newfoundland
Sarah E. Stein, Virginia Polytechnic Institute and State University
Discussant: Marsha Keune, University of Dayton


Session 2.05: Client Influence
Auditing - 1.8 CH
Moderator: Kamber Vittori Hetrick, University of Illinois at Urbana-Champaign

Audit Partners’ Acceptance of Client-Preferred Accounting Methods: The Influence of Client Importance and Role Identity Salience.
Sean Hillison, Virginia Polytechnic Institute and State University
Discussant: Allen D. Blay, Florida State University

How Higher Performance on Client Service Affects Auditors’ Willingness to Challenge Management’s Preferred Accounting.
Michael Ricci, The University of Georgia
Discussant: Kamber Vittori Hetrick, University of Illinois at Urbana-Champaign

The Influence of “Relationship” Partners on Client Managers’ Negotiation Positions.
Mary Kate Dodgson, Northeastern University
Christopher P. Agoglia, University of Massachusetts Amherst
Bradley Bennett, University of Massachusetts Amherst
Discussant: Kathryn Holmstrom, Georgia Institute of Technology


Session 2.06: Effects of Expanded Audit Reporting
Auditing - 1.8 CH
Moderator: Brent A. Garza, Texas A&M University

The Effect of Expanded Audit Report Disclosures on Users’ Confidence in the Audit and the Financial Statements.
Peter Kipp, University of North Texas
Discussant: Aaron Saiewitz, University of Nevada, Las Vegas

The Effect of Increased Audit Disclosure on Managerial Decision Making: Evidence from Disclosing Critical Audit Matters.
Jeremiah Bentley, University of Massachusetts Amherst
Tamara A. Lambert, Lehigh University
Ying Wang, University of Massachusetts Amherst
Discussant: Jeremy Vinson, Clemson University

How do Nonprofessional Investors Respond to Disclosure of Audit Quality Indicators?
Jeffrey Brown, Baylor University
Velina Krastimirova Popova, Kennesaw State University
Discussant: Brent A. Garza, Texas A&M University

3:30 pm – 4:00 pm

Break

4:00 pm – 5:30 pm Concurrent Sessions

Session 3.01: Panel: Applying New Attestation Standards to Sustainability Reporting - Informing Research and Teaching
Auditing- 1.8 CH
Moderator: Patricia Johnson, SUNY at Fredonia

Panelists: Dorsey Baskin, Grant Thornton LLP
Scott Schowalter, North Carolina State University
Roger Simnett, UNSW Sydney, Chair and CEO of AUASB


Session 3.02: Auditor and Client Reputation
Auditing - 1.8 CH
Moderator: Michelle Draeger, Oklahoma State University

Auditor Response to Negative Media Coverage of Client Environmental, Social, and Governance Practices.
Jenna Burke, University of Colorado Denver
Rani Hoitash, Bentley University
Udi Hoitash, Northeastern University
Discussant: Sarah Barron Stuber, Michigan State University

Internal Audit Stigma Awareness and Internal Audit Outcomes: Stuck Between a Rock and a Hard Place.
Marc Eulerich, University of Duisburg-Essen
Joleen Kremin, Portland State University
Kristen Kelli Saunders, University of Nebraska–Lincoln
David A. Wood, Brigham Young University
Discussant: Andrew John Imdieke, University of Notre Dame

The Role of Beliefs in Auditor-Client Matches.
Elisabeth Plietzsch, University of Graz
Sebastian Kronenberger, Leibniz University of Hanover
Discussant: Aneesh Raghunandan, The London School of Economics and Political Science


Session 3.03: Corporate Governance
Auditing - 1.8 CH
Moderator: Tyler Kleppe, University of Arkansas

Audit Committee Expertise: An Examination of the Post-SOX Era.
Brandon Szerwo, University at Buffalo, SUNY
Discussant: Ann Gaeremynck, KU Leuven

Corporate Philanthropy and Auditors’ Engagement Risk.
Feng Guo, The University of Kansas
Stephen John Lusch, The University of Kansas
Adi Masli, The University of Kansas
Discussant: Musaib Ashraf, The University of Arizona

Does Audit Committee Accounting Expertise Assuage Auditor Rent Extraction? Evidence from a Natural Experiment.

James C. Hansen, Weber State University
Ling Lisic, Virginia Polytechnic Institute and State University
Timothy Andrew Seidel, Brigham Young University
Discussant: Kara Obermire, Oregon State University


Session 3.04: Internal Controls and Firm Performance
Auditing - 1.8 CH
Moderator: Santanu Mitra, Wayne State University


Internal Controls and Operational Performance of Nonprofit Organizations.

Nathan R. Berglund, Mississippi State University
Mikhail Sterin, Oklahoma State University
Discussant: Russell Williamson, University of Kentucky

Internal Control Quality and Bank Risk-Taking and Performance.
Matthew Baugh, Arizona State University
Matthew Stephen Ege, Texas A&M University
Christopher G. Yust, Texas A&M University
Discussant: Padmakumar Mathrumandiram Sivadasan, Tulane University

Do Auditors Correctly Identify and Assess Internal Control Deficiencies? Evidence from the PCAOB Data.
Preeti Choudhary, The University of Arizona
Discussant: Leah Elena Muriel, Oklahoma State University

Session 3.05: Fraud
Auditing - 1.8 CH
Moderator: Brian Matthew Goodson, University of Cincinnati

A Buffer/Conduit Theory Relating Organizational Culture to Fraud.
Philip Beaulieu, University of Calgary
Alan Reinstein, Wayne State University
Discussant: Aleksandra B. Zimmerman, Northern Illinois University

Decomposition Approach in Enhancing Auditors’ Fraud Risk Assessment.
Waymond Rodgers, University of Hull/ The University of Texas at El Paso
Badriya Al Shammakhi, Higher Colleges of Technology
Discussant: Brian Matthew Goodson, University of Cincinnati

Error or Fraud? The Effect of Omissions on Management’s Fraud Strategies and Auditors’ Evaluations of Identified Misstatements.
Erin L. Hamilton, University of Nevada, Las Vegas
Jason L. Smith, University of Nevada, Las Vegas
Discussant: Natalia Kochetova, Saint Mary’s University


Session 3.06: Interesting Studies/Unrelated Topics
Auditing - 1.8 CH
Moderator: Robert P. Mocadlo, University of North Dakota

Does the Reporting of Critical Audit Matters Affect Nonprofessional Investors’ Perceptions of the Readability of the Audit Report and Audit Quality?
Brian Todd Carver, Clemson University
Leah Elena Muriel, Oklahoma State University
Brad Trinkle, Mississippi State University
Discussant: Jonathan Grenier, Miami University

Knowledge Sharing to Internal Auditors: Examining Procedural Fairness of the Internal Audit Process and Internal Auditor Type.
Megan Seymore, University of North Texas
Jesse C. Robertson, University of North Texas
Discussant: Joel Owens, University of Nebraska–Lincoln

Rewards and Pressure to Improve Audit Quality: Facilitative for Auditors with Low Drive but Undermining for Auditors with High Drive.
Herman van Brenk, Nyenrode Business University
Barbara Majoor, Nyenrode Business University
Discussant: Robert P. Mocadlo, University of North Dakota
5:30 pm–7:15 pm

Business Meeting and Reception

Saturday, January 13, 2018
   
7:30 am – 8:30 am

Continental Breakfast & Research and Education Forum
Auditing - 1.0 CH

Table 1: Audit Industry Expertise

Auditor Industry Expertise, Fee Premium and Audit Quality: An Examination from Audit Team Perspective.
Zilong Song, Wuhan University
Yumiao Yu, Wuhan University
Jun Zhan, California State University, Northridge

Do Banks Audited by Specialists Engage in Less Real Activities Management?
Neil L. Fargher, The Australian National University
Wenxuan Hou, University of Edinburgh
John Ziyang Zhang, University of Liverpool


Table 2: Audit Partners

Determinants and Economic Consequences of Signing Auditor Turnover.
Juan Mao, The University of Texas at San Antonio
Baolei Qi, Xi’an Jiaotong University

Gender Representation Among the Partnership at Large CPA Firms: An Examination of Public Filers and Governmental Entities.
Elizabeth D. Almer, Portland State University
Kathleen Harris, Washington State University
Julia L. Higgs, Florida Atlantic University
Joseph R. Rakestraw, Florida Atlantic University

Retiring Auditors’ Client Portfolio Decisions and Audit Quality.
Li-Chun Kuo, National Taipei University
Chan-Jane Lin, National Taiwan University


Table 3: Audit Quality 1

Accounting Firm Office Level Cultural Dynamics: Exploring Differences in Audit Reporting and Quality Following the Implosion of Arthur Andersen.
Timothy J. Fogarty, Case Western Reserve University
R. Drew Sellers, Kent State University
Aleksandra B. Zimmerman, Northern Illinois University

Big 4 Auditor Choice and the 10-K Length.
Nattavut (Simon) Suwanyangyuan, Simon Fraser University

Modeling Type I Going Concern Reporting Errors.
Nathan R. Berglund, Mississippi State University


Table 4: Audit Quality 2

Do Extended Auditors’ Reports Reveal Audit Quality? - A Textual Analysis.
Penny Fanyuan Zhang, The Australian National University
Greg Shailer, The Australian National University

The Impact of PCAOB International Registration on Audit Quality and Audit Fees: Evidence from China.
Wuchun Chi, National Chengchi University
Hamilton Elkins, University of Saskatchewan
Gerald Lobo, University of Houston
Partha Sarathi Mohapatra, California State University, Sacramento

The Valuation, Revenue Management, and Subsequent Financial Restatement of IPO Firms.

Norman Massel, Louisiana State University
Jungeun Park, Louisiana State University
Kenneth J. Reichelt, Louisiana State University


Table 5: Client Industry and Audit

Determinants and Consequences of Assurance Purchases in Small U.S. Banks.

Ashley W. Douglass, Trinity University

Non-Financial Disclosure, Assurance, and Financial Reporting Quality: Evidence from the European Banking Sector.
Janine Maniora, Technical University of Dortmund
Nadine Georgiou, Technical University of Dortmund


Table 6: Corporate Governance & Management Forecasts

An Empirical Analysis of “Superior” Management
Earnings Forecast.
Tina Wang, University of Houston
Costs and Benefits of Audit Committee Interlocking.
Ahmad Hammami, Concordia University
Alexey Lyubi mov, Concordia University

Corporate Governance & Management Forecasts
Ahmad Hammami, Concordia University
Alexey Lyubimov, Concordia University

Reputation Capital of Directorships and Audit Quality Evidence from the Analysis of Board Centrality and Audit Fees.
Antti Fredriksson, Turku School of Economics
Anila Kiran, Aalto University
Lasse Niemi, Aalto University


Table 7: Auditing Environment

Analyzing Pedagogical Approaches Used in Second Auditing Courses.
Alan Reinstein, Wayne State University
Natalie T. Churyk, Northern Illinois University

An Analysis of CPA Perceptions of the Peer Review Process.
Alan Reinstein, Wayne State University
Barbara Apostolou, West Virginia University
Timothy J. Fogarty, Case Western Reserve University

The Scientific Landscape of Internal Audit Research – A Bibliometric Analysis.
Joel Behrend, University of Duisburg-Essen
Marc Eulerich, University Duisburg-Essen


Table 8: Financial Restatement, Fraud and Audit Risk

Auditors’ Response to Classification Shifting: Evidence from U.S. Firms.
Hongkang Xu, University of Massachusetts Dartmouth
Mai Dao, The University of Toledo

Which Personal Beliefs and Values Make Fraud Justifications Easier? Evidence from the World Value Survey.
Natalia Maksimovna Mintchik, University of Cincinnati


Table 9: Audit Regulations

Adding Value to the Audit Engagement: The Compromising Effect of Regulatory Focus.

Curtis Mullis, Georgia State University


Table 10: Audit Deficiencies

Informing Root Cause Analysis of Audit Deficiencies from a Theoretical Perspective.
Christine J. Nolder, Suffolk University
Kathryn Kadous, Emory University

Incentives for Dishonesty: An Experimental Study with Internal Auditors.
Loukas Balafoutas, University of Innsbruck
Simon Czermak, Management Center Innsbruck
Marc Eulerich, University of Duisburg-Essen
Helena Fornwagner, University of Innsbruck


Table 11: Factors Affecting Auditor Judgment

Does Considering Key Audit Matters Affect Auditor Judgment Performance?
Nicole V. S. Ratzinger-Sakel, University of Hamburg
Jochen Theis, University of Duisburg-Essen

Testing the Reliability of the Hurtt Professional Skepticism Scale.
Jefim Boritz, The University of Waterloo
Katharine Patterson, The University of Waterloo
Carla L. Wilkin, Monash University Caulfield
Kristian Rotaru, Monash University Caulfield


Table 12: Assurance and Equity Crowdfunding

Equity Crowdfunding: Investigating Assurance Products and Individual Factors in an Emerging Funding Context.
Regan Stevenson, Indiana University
Jesse C. Robertson, University of North Texas
Bradley Allan Lang, Mississippi State University
Jared A. Eutsler, University of North Texas


Table 13: Board of Directors’ Judgment

Boards of Directors’ Sanction Judgments: The Effect of Situational Factors.
Joseph M. Wall, Marquette University
Jodi Lynn Gissel McDowell, Marquette University
Table 14: International Considerations

New European Union Rules on Audits.
Alan Reinstein, Wayne State University
Barbara Apostolou, West Virginia University

Communication between Internal Auditor and Auditee in the International Context.
Ronja Krane, University of Duisburg-Essen
Marc Eulerich, University of Duisburg-Essen


Table 15: Materiality

Filing the Gap: Understanding Materiality from a Jewish Perspective.
Eileen Z. Taylor, North Carolina State University
Alan Reinstein, Wayne State University
Shlomo Sawilowsky, Wayne State University

8:30 am – 9:45 am

Plenary Session
Why They Do It: Inside the Mind of the White-Collar Criminal
Speaker: Eugene Soltes, Harvard Business School
Sponsored by EY

9:45 am – 10:15 am

Break

10:15 am – 11:45 am

Concurrent Sessions

Session 5.01: Panel: The Role of Materiality in the Financial Statement Audit: Will the FASB Redefinition Make a Difference?
Auditing - 1.8 CH
Moderator: Bill Messier, University of Nevada, Las Vegas

Panelists: Lynn Turner, Former SEC Chief Accountant
Jeff Johanns, Former PwC Assurance Partner
Dorsey Baskin, Grant Thornton LLP


Session 5.02: Audit Market Competition
Auditing - 1.8 CH
Moderator: Alexander Browne, The University of Texas at San Antonio

Accounting Firm Associations and Auditor Market Share: Does It Pay for Small Firms to Belong to an Association?
Jaehan Ahn, Northeastern University
Herita Akamah, University of Nebraska–Lincoln
Kenneth L. Bills, University of Arkansas
Kristen Kelli Saunders, University of Nebraska–Lincoln
Discussant: Joshua Scott Judd, University of Illinois at Chicago

Big N Auditor Concentration and Investment Decisions.
Xudong Li, Monmouth University
Lili Sun, University of North Texas
Discussant: Jake Krupa, University of Miami

Local Competition and Auditors’ Use of Non-Audit Services.
Nam Ho, Carnegie Mellon University
Discussant: Mindy Hyo Jung Kim, George Mason University


Session 5.03: PCAOB Inspections
Auditing - 1.8 CH
Moderator: Assma M. Sawani, Florida International University

Do PCAOB Inspection Findings Increase Audit Firms’ Litigation Exposure?
Nathan Lundstrom, University of Missouri
Nathan Newton, University of Missouri
Brant Erich Christensen, University of Missouri
Discussant: Amanda Convery, University of Delaware

Effectiveness and Consequences of PCAOB Disciplinary Actions: An Analysis of the Resulting Auditor/Client Dynamic and Audit Quality.
Andrew John Imdieke, University of Notre Dame
Matthew James Beck, Michigan State University
Chris E. Hogan, Michigan State University
Discussant: Phillip T. Lamoreaux, Arizona State University

SEO Underpricing and PCAOB Inspection Reports: Do Investors Use PCAOB Inspection Information?
William L. Buslepp, Louisiana State University
Lawrence J. Abbott, University of Wisconsin–Milwaukee
Laura Swenson, University of Wisconsin–Milwaukee
James Robert Moon, Georgia State University
Discussant: Keval U. Amin, Stony Brook University, SUNY


Session 5.04: Factors Affecting Auditor Judgment
Auditing - 1.8 CH
Moderator: Amy C. Tegeler, University of Wisconsin–Milwaukee

Counteracting the Directional Influence of Incentives on Auditor Judgment.
Dan Zhou, University of Illinois at Urbana-Champaign
Discussant: Melissa Carlisle, Case Western Reserve University

An Investigation of Auditors’ Judgements when Companies Release Earnings before Audit Completion.
Lori Shefchik Bhaskar, Indiana University Bloomington
Patrick E. Hopkins, Indiana University Bloomington
Joseph H. Schroeder, Indiana University Bloomington
Discussant: Kecia Williams Smith, Virginia Polytechnic Institute and State University

When Does Relevant Information Weaken Auditor Evidence Assessments? An Exploration of the Averaging Effect.
Tamara A. Lambert, Lehigh University
Marietta Peytcheva, Lehigh University
Discussant: Amy C. Tegeler, University of Wisconsin–Milwaukee


Session 5.05: Professional Skepticism
Auditing - 1.8 CH
Moderator: Jason L. Smith, University of Nevada, Las Vegas

Cognitive Dissonance and Auditor Professional Skepticism.
Ruwan Adikaram, University of Minnesota, Duluth
Julia L. Higgs, Florida Atlantic University
Discussant: Cassandra Estep, Emory University

Examining the Impact of Audit Firms’ Use of Skepticism Feedback in Auditor Training.
Aaron Saiewitz, University of Nevada, Las Vegas
Mary Kate Dodgson, Northeastern University
Marcus M. Doxey, The University of Alabama
Discussant: Sean Hillison, Virginia Polytechnic Institute and State University

When Auditors’ Skeptical Judgments do not Lead to Skeptical Actions.
Erin Michelle Hawkins, Clemson University
Discussant: Jason L. Smith, University of Nevada, Las Vegas

12:00 pm – 1:30 pm 

Luncheon: Award Presentations and Other
Announcements
1:45 pm – 3:15 pm 

Concurrent Sessions

Session 6.01: Panel: Is the Present-Day Audit Sustainable? Structural Challenges in the Current Model
Auditing - 1.8 CH
Moderator: Brian Mayhew, University ofbWisconsin–Madison

Panelists: Jim Peterson, Author of “Count Down:bThe Past, Present and Uncertain Future of the Big Four Accounting Firms”
Lynn Turner, Former SEC Chief Accountant
Scott Zimmerman, Ernst & Young LLP

Session 6.02: Non-Audit Services, Audit Timing
Auditing - 1.8 CH
Moderator: Margaret Warren, University of bArkansas

All My Rowdy Friends: The Effect of Super Bowl Hosting on Audit Timing.
Matthew Crook, The University of Tulsa
Tamara A. Lambert, Lehigh University
Brian Walkup, The University of Tulsa
James D. Whitworth, University of South Florida
Discussant: Nathan R. Berglund, Mississippi State University

Auditor-Provided Non-Audit Services: Economic Bonding, Knowledge Spillover, or Both?
Andrew John Imdieke, University of Notre Dame
Thomas C. Omer, University of Nebraska–Lincoln
Erik Beardsley, University of Notre Dame
Discussant: Sarah E. Stein, Virginia Polytechnic Institute and State University

Non-Audit Services and the Timeliness and Reliability of Earnings Announcements.
Chris E. Hogan, Michigan State University
Michelle L. Nessa, Michigan State University
Joseph H. Schroeder, Indiana University Bloomington
Discussant: Erik Beardsley, University of Notre Dame


Session 6.03: Auditor Report Change, Auditor Materiality
Auditing - 1.8 CH
Moderator: Sean McCarthy, University of Wisconsin–Milwaukee

Direct Measures of Auditors’ Quantitative Materiality Judgments: Properties, Determinants and Consequences for Audit Characteristics and Financial Reporting Reliability.
Preeti Choudhary, The University of Arizona
Discussant: Christophe Van Linden, Belmont University

Does Company Reporting of Non-GAAP Earnings Result in Less Conservative Auditor Materiality Judgments? Evidence from the U.K.
Nicholas Jennings Hallman, The University of Texas at Austin
Jaime J. Schmidt, The University of Texas at Austin
Anne Margaret Thompson, University of Illinois at Urbana-Champaign
Discussant: Stuart Dearden, University of Arkansas

Is More Always Better? Disclosures in the Expanded Audit Report and their Impact on Loan Contracting.
Vlad Andrei Porumb, University of Groningen
Yasemin Zengin Karaibrahimoglu, University of Groningen
Reggy Hooghiemstra, University of Groningen
Dick de Waard, University of Groningen
Discussant: Aleksandra B. Zimmerman, Northern Illinois University


Session 6.04: The Effect of Audit Quality
Auditing - 1.8 CH
Moderator: Devin Williams, University of Illinois

Banking (in)stability: Are Auditors a Cause or a Cure?
Matthew James Beck, Michigan State University
Allison Nicoletti, University of Pennsylvania
Sarah Barron Stuber, Michigan State University
Discussant: Keith Czerney, University of Nebraska–Lincoln

Does Audit Quality Impact the Profitability and Information Content of Insider Trades?
Paul N. Michas, The University of Arizona
Nathan Chad Goldman, The University of Texas at Dallas
Daniel Russomanno, The University of Arizona
Discussant: Jamie Beth Diaz, The College of William & Mary

Tax Avoidance, Horizontal Agency Conflicts and High-Quality Auditing in Private Firms.
John Christian Langli, BI Norwegian Business School
Marleen Willekens, KU Leuven
Discussant: Eric T. Rapley, Colorado State University


Session 6.05: Factors Affecting Auditor Judgment II
Auditing - 1.8 CH
Moderator: Peter Kipp, University of North Texas

Ego Depletion and Evidence Integration while Auditing Complex Estimates.
Emily Elaine Griffith, University of Wisconsin–Madison
Jacqueline S. Hammersley, The University of Georgia
Patrick J. Hurley, Northeastern University
Discussant: Peter Kipp, University of North Texas

The Influence of Professional Identity and Outcome Knowledge on Auditor Judgment.
Anna J. Johnson, Bradley University
Julia L. Higgs, Florida Atlantic University
Karen L. Hooks, Florida Atlantic University
Veena Looknanan Brown, University of Wisconsin–Milwaukee
Discussant: Donald R. Young, Indiana University

Auditor Inquiry: The Influence of Client Message Framing on Auditors’ Judgment.
Jeremy Vinson, Clemson University
Byron Pike, Minnesota State University Mankato
Lawrence Chui, University of St. Thomas
Discussant: Christine Marie Sims, The University of Georgia

3:15 pm – 4:00 pm

Break

4:00 pm – 5:30 pm   


Concurrent Sessions

Session 7.01: Panel: Research Relevant to Standard-Setters
Auditing - 1.8 CH
Moderator: Rick Hatfield, The University of Alabama and AAA Auditing Section President

Panelists: Marty Baumann, PCAOB
Christopher P. Agoglia, Senior Editor of Auditing: A Journal of Practice & Theory, University of Massachusetts Amherst
Karla Johnstone, University of Wisconsin–Madison


Session 7.02: Accounting Standards and Audit Quality
Auditing - 1.8 CH
Moderator: Veena Looknanan Brown, University of Wisconsin–Milwaukee

Accounting Standard Precision, Corporate Governance, and Accounting Restatements.
Li Fang, Iowa State University
Discussant: Matthew Baugh, Arizona State University

An Empirical Investigation of Auditors’ Reaction to Rules vs. Principles Based Accounting Standards.
Avishek Bhandari, Florida Atlantic University
Babak Mammadov, Florida Atlantic University
S. Hamidreza Vakilzadeh, Florida Atlantic University
Discussant: William L. Buslepp, Louisiana State University

Does Mandatory IFRS Adoption Affect Audit Effort and Its Effectiveness to Constrain Earnings Management? Evidence from Italy.
Kenneth J. Reichelt, Louisiana State University
Dechun Wang, Texas A&M University
Tatiana Mazza, Free University of Bozen Bolzano
Stefano Azzali, University of Parma
Discussant: Kecia Williams Smith, Virginia Polytechnic Institute and State University


Session 7.03: Audit Risks, Audit Opinions, and Disclosures
Auditing - 1.8 CH
Moderator: Michael Edward Bitter, Stetson University

Big 4 Auditors, Litigation Risk, and Disclosure Tone.
Keith Czerney, University of Nebraska–Lincoln
Ling Lisic, Virginia Polytechnic Institute and State University
Biyu Wu, University of Nebraska–Lincoln
Ivy Zhang, University of Minnesota
Discussant: Qian Wang, Iowa State University

Audit Procedures and Financial Statement Quality: The Positive Effects of Negative Assurance.
Brad Badertscher, University of Notre Dame
Jaewoo Kim, University of Rochester
William R. Kinney, The University of Texas at Austin
Edward Owens, Emory University
Discussant: Preeti Choudhary, The University of Arizona

The Impact of Crash Risk on Auditors’ Going Concern Opinion Decisions.

Jagan Krishnan, Temple University
Jayanthi Krishnan, Temple University
Xin Zhao, Temple University
Discussant: Eric Condie, Georgia Institute of Technology


Session 7.04: Effects of Audit Regulation
Auditing - 1.8 CH
Moderator: Sonja Hightower, University of North Texas

Short Horizon for Audit Partner and Earnings Quality: Evidence from a Dual-Rotation Regime.

Tatiana Mazza, Free University of Bozen Bolzano
Stefano Azzali, University of Parma
Discussant: Juan Mao, The University of Texas at San Antonio

Did the Permanent Exemption from Internal Control Audits Affect Small Firms’ Management Reporting on Internal Control?
Jayanthi Krishnan, Temple University
Lu Lu, Temple University
Discussant: Benjamin Hoffman, Kent State University

Spillover of Regulatory Enforcement Against Small Audit Firms.
Phillip T. Lamoreaux, Arizona State University
Michael J. Mowchan, American University
Wei Zhang, Arizona State University
Discussant: Robert Pawlewicz, George Mason University


Session 7.05: The Effects of Regulatory Oversight/Accountability
Auditing - 1.8 CH
Moderator: Emily Elaine Griffith, University of Wisconsin–Madison

The Effect of Anticipated Inspection Focus on Audit Effort.
Yoon Ju Kang, University of Massachusetts Amherst
Jennifer McCallen, University of Massachusetts Amherst
Discussant: Lori Shefchik Bhaskar, Indiana University Bloomington

The Influence of Inspection Focus on Auditor Judgments in Audits of Complex Estimates.
Amy C. Tegeler, University of Wisconsin–Milwaukee
Discussant: Julie Petherbridge, Mercer University, Atlanta

How Do Third-Party Examinations Affect Decision Quality? An Interactive Experiment.
Brent A. Garza, Texas A&M University
Discussant: Emily Elaine Griffith, University of Wisconsin–Madison

6:00 pm – 8:00 pm 

Reception

Note: The CPE Fields of Study curriculum is divided into twenty three subject matter areas. These fields represent the primary knowledge and skill areas needed by accounting licensees to perform professional services in all fields of employment. Sessions that offer CPE credit have the Field of Study and Credit Hours (CH) in red. Each Credit Hour is based on 50 minutes. The Program Level for each of these sessions is Basic, unless otherwise stated. Delivery Method: Group Live

American Accounting Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.learningmarket.org.

To register for this course, visit the Web site and register online or contact (941)-921-7747. For more information regarding refund, complaint and program cancellation policies, please contact our offices at (941)-921-7747

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